Trump Socks It to Mexico, Does the Unthinkable to Their Money

GOP presidential nominee Donald Trump’s campaign is causing a stir not only in the United States but also outside the country.

According to Breitbart, the Mexican peso’s exchange rate has dramatically declined since the beginning of Trump’s campaign. The timing was noteworthy, as Trump has criticized the Mexican government since the beginning of his campaign.

Trump has consistently called for the Mexican government to build a wall in order to keep a majority of illegal immigrants out of the U.S. Mexican President Enrique Peña Nieto has spoken out against Trump’s wall, saying there is no way Mexico will pay for it.

When Trump announced his candidacy on June 16, 2015, the exchange rate was 15.39 pesos to one dollar.

Just 15 months later, on Sept. 21, with Trump leading in the polls, the peso hit 19.9 to the dollar.

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The decline has stunned Mexicans, as their economy has boomed since President Barack Obama took office. In fact, Mexico’s economic growth and decrease in unemployment have surpassed those of the U.S. during Obama’s two terms, raising questions about who exactly was benefiting from Obama’s policies.

From 2009 to 2015, Mexico’s economy grew by 7.5 percent, compared with 1.55 percent for the U.S. But that’s all about to change.

Trump has repeatedly said that if he is elected president he will restore to the U.S. the jobs that the U.S. sent to Mexico. His motto, “Make America Great Again,” has struck a chord throughout the country.

He has also announced that he will bring jobs back to the U.S. by pulling out of multinational trade deals.